Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
$113.68 this morning. Off about 2%.
TROW gained nearly 40% in 2021 and around 20% the preceding year. So some “give back” here. But, that must have been a horrific ride down this year for anyone holding an appreciable amount!
Have started trac…
It’s a “flaky” site, I’ll agree. Led me to a Facebook sign-in page once. So, I just closed it out completely and than reaccessed it again w/o trouble. If you get it to work, it’s darn handy for searching stock performance. More than I’d expect to f…
The show (7/8) was mostly about private equity investing (first one-third of show). Just one gal being interviewed by moderator. That was followed by 5-10 minutes of Larry Summers, who I don’t think said anything new. The remainder of show was dev…
There are no hard and fast rules for minimum and maximum fund positions.
I agree with much of the info stated in the prior posts.
It's more important to focus on risk and diversification.
An investor can achieve good results owning only a target-dat…
Agree with everything @MikeM said. TBLQX? My lord! TRP is digging pretty deep into their symbol bank. :)
If you go with only one fund than benchmarking is more or less irrelevant. But the more you expand / tinker with your holdings, the mor…
Too damned funny …
“When the officer asked how many were in the car, she said there were 'two of us' “
https://www.dailymail.co.uk/news/article-10997137/Pregnant-woman-Brandy-Bottone-215-ticket-driving-HOV-says-FETUS-count-person.html
”I presently have 77% in 5 funds in nearly equal amounts.”Sounds reasonable. You posted some time back that you had 20% in PRWCX. (LINK). Not a bad choice. By all accounts it’s a great moderate risk fund. I sold it last week. But if I still owed it…
Couple of months ago the guy that fixed our dryer told me he was buying crypto. At that time it was only down a little. I asked him if he was buying the dip. He said "Yep." And then said he was going on vacation to New Zealand.
I hope he enjoyed h…
Travelled to Montpelier on an academic related college trip with a bunch of other 17-18 year olds in the early 70s late 60s. Stayed at a hotel there. Took rail part way out. Remember changing trains in Montreal. Yes lovely area. Winding mountain r…
Big Stupid Deal?
Naw …
The “B.S.” part should be obvious. :) I’m not sure what the “D” means. What was the name of that guy who used to post under 4 or 5 different identities? Dilbert? Dennis?
https://www.marketbeat.com/stocks/NASDAQ/OCSL/chart/
Thanks for the tip. I like companies that can mint money out of thin air. Will have a look at this one,
The -10% YTD doesn’t trouble me. I gravitate to stuff that’s down. Suspect it’s holding …
“If it seems too good to be true it probably is.”
Hard to feel sorry for folks duped into thinking they were getting 18% annual interest with no more risk than in an FDIC insured account. Some were even led to believe their money was safer than in…
“hank, i think you meant "DrucK"? lol.”
Yep - Sorry. Always fighting with the spell-checker. :)
BTW - Stan Druckenmiller was a frequent guest on the old PBS “Nightly Business Report”
Excellent post. Thank you for summarizing. Druck’s a smart dude. I can’t argue with similarities to the 30s. My money is still on the “Fed Put” this time around. But a close call. Something else I don’t see mentioned in the media is the possibility…
Link to Oaktree Capital for those interested in investing with Howard Marks
https://www.oaktreecapital.com/
(Minimum investment for individuals is generally $100 Million.)
From this week’s Barron’s: “Today I am starting to behave aggressively. Everything we deal with is significantly cheaper than it was six to 12 months ago.” - Howard Marks, Oaktree Capital
There was no accompanying article in Barron’s. The inter…
“A recent hearing of the Jan. 6 committee featured examples of threats public officials received in the aftermath of former President Donald Trump’s 2020 election loss. Rusty Bowers, the Republican Arizona House speaker, said groups of Trump suppor…
@MikeM - It’s not a “negative call” on the fund. Aware of its stellar record. But I do have quite a bit in DODBX (similar risk / reward level). That’s directly with D&C. We’ll see how things pan out. I did regret leaving PRHYX many years ago b…
Ya, everyone's darling: PRWCX.
down ytd. -13.64%. ....Even so, just out of the top one-third in category.
I think a lot of TRP’s funds have suffered more than one might expect this year. Like to look at PRSIX and TRRIX because they are roughly …
I always find @LewisBraham’s articles excellent. Several of his have been very helpful to me over the years. This week’s “9 Funds That Could Beat the Market” is no exception.
My sweeping remark was a reaction to the cover story only. IMHO they tr…
I took a look at the SC funds mentioned in Barron’s. Didn’t find one that would make me change my mind about BRSVX. The screening used M*’s « quality « metric. BRSVX does not measure up, or so it seems. AVALX has been mentioned on the board previou…
Agree with Catch. Lots of good reading there.
In his preface David briefly referenced Devesh Shah’s article on “the importance of faith in investing.” So I was braced for something along the lines of Cathie Wood’s forays into things spiritual. :…
Yes - Marks is probably more interested in distressed debt, which is his calling card.
Knowing his thoughts, however, might give me a bit more confidence to “risk up” slightly in the equity realm. As always, time horizon, tolerance, etc. weigh…
The following gets to what I was hinting at in my OP.
“Central banks will not have the stomach to keep policy tight enough for long enough to squeeze inflation out,” says economist Martin Barnes.
(Lead-in to this week’s’s Up & Down Wall Street…
I might add that patience is in short supply all over the place. Policy makers to individuals want everything fixed yesterday. Myself included.
Line from an anonymous reader posted on Bill Fleckenstein’s blog recently:
“The dead are the best …
I’m beginning to think the Fed “hasn’t a clue”. You don’t decree 2% inflation just as you can’t set a $35 limit on a barrel of crude, stop wars from breaking out or reduce the number of droughts worldwide over the next year. You can, however, tr…
Times have changed for sure. Many people finance their cars over 3 to 5 years that add to the total cost of ownership. In the meantime, the car is deprecated its value. Spending in careless way is one of the reason these people will not save enough…
Fascinating post. Sure sounds more rewarding that watching the stock indexes rise and fall. Takes me back to the early 70s when most ordinary investors waited to learn how their picks had fared until the following day when the WSJ or other financ…
Just deleted all M* portfioios and signed out for the last time. Sayonara … :)
Hope everyone that got raked onto the coals is well on their way to finding a suitable tracker - and not at some crazy $200+ yearly price.
On the abortion issue perhaps they harbor some deep seated religious compunction. I was just thinking of how careful JFK was to distinguish between his own personnel religious beliefs and relationship with the Catholic church and his obligation to c…
@Old_Joe,
My bad. Should have checked date. As to your 2nd point, yes - I served up a softball for you to hit out of the park. I generally despise conspiracy theories. Yet, having trouble making sense of the whole situation. These justices sho…
Warren Burger, former conservative Chief Justice of the Supreme Court, on the 2nd Amendment in 1991.
If there’s a hidden agenda here (I hope there isn’t ) it could be to embolden / strengthen militaristic right wing factions to pursue their e…
